NEXXEN INTERNATIONAL LTD.


Associated tags: Smart TV, AIM, ADR, CUSIP, Connected, CTV, Tremor International

Locations: NEW YORK, NY, US

Nexxen to Participate in the Stifel Cross Sector Insight Conference

Retrieved on: 
Thursday, May 30, 2024

NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announces it will participate in a fireside chat and host investor meetings at the Stifel Cross Sector Insight Conference on Tuesday, June 4, 2024 in Boston, MA.

Key Points: 
  • NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announces it will participate in a fireside chat and host investor meetings at the Stifel Cross Sector Insight Conference on Tuesday, June 4, 2024 in Boston, MA.
  • The fireside chat will be held at 3:00 PM ET on June 4, 2024, and will also be available on live webcast under the “Events and Presentations” section of Nexxen’s investor relations website at https://investors.nexxen.com/ .
  • For more information, or to schedule a meeting with management, please reach out to your Stifel representative.
  • Fireside Chat and Webcast Details:
    The webcast will also be available for replay on Nexxen’s investor relations website following the conclusion of the live presentation for approximately one year.

Nexxen Reports Results for the First Quarter Ended March 31, 2024

Retrieved on: 
Monday, May 20, 2024

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announced today its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • CTV Revenue: CTV revenue was $18.8 million in Q1 2024, reflecting an 11% decrease from $21.3 million in Q1 2023.
  • CTV and Programmatic Revenue Percentages: CTV revenue in Q1 2024 represented 29% of programmatic revenue, compared to 34% in Q1 2023.
  • Programmatic revenue increased to 88% of revenue in Q1 2024 compared to 87% in Q1 2023.
  • Adjusted EBITDA: Generated Adjusted EBITDA of $11.9 million in Q1 2024, a 34% increase from $8.9 million in Q1 2023.

Nexxen to Announce First Quarter 2024 Financial Results on May 20, 2024

Retrieved on: 
Wednesday, May 8, 2024

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), will release its financial results for the first quarter ended March 31, 2024 before the U.S. market opens on Monday, May 20, 2024.

Key Points: 
  • NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), will release its financial results for the first quarter ended March 31, 2024 before the U.S. market opens on Monday, May 20, 2024.
  • The Company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM BST on the same date to discuss its financial results and outlook.
  • Nexxen International First Quarter Ended March 31, 2024 Earnings Webcast and Conference Call

Nexxen Reports Results for the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announced today its financial results for the fourth quarter and year ended December 31, 2023. The Company’s financial results for the fourth quarter and year ended December 31, 2023, as well as the fourth quarter ended December 31, 2022, reflect the combined financial performance of Nexxen and Amobee, while comparative figures for the year ended December 31, 2022 include Amobee contribution only from September 12, 2022 through December 31, 2022.

Key Points: 
  • The Company’s financial results for the fourth quarter and year ended December 31, 2023, as well as the fourth quarter ended December 31, 2022, reflect the combined financial performance of Nexxen and Amobee, while comparative figures for the year ended December 31, 2022 include Amobee contribution only from September 12, 2022 through December 31, 2022.
  • CTV Revenue: CTV revenue was $19.9 million in Q4 2023, compared to $33.0 million in Q4 2022.
  • CTV revenue was $85.5 million for the year ended December 31, 2023, reflecting a 12% decrease from $97.2 million for the year ended December 31, 2022.
  • The Company added 372 new supply partners during the twelve months ended December 31, 2023, including 327 in the U.S.

Nexxen Reaches Favorable Settlement Agreement with Alphonso Inc. and LG Electronics, Inc. and Enters into Multi-Year Strategic Partnership

Retrieved on: 
Wednesday, February 28, 2024

The executed settlement agreement includes a cash component and a commercial strategic partnership that resolves the disputes underlying the complaints, thus concluding the parties’ litigation.

Key Points: 
  • The executed settlement agreement includes a cash component and a commercial strategic partnership that resolves the disputes underlying the complaints, thus concluding the parties’ litigation.
  • Alphonso will grant Nexxen access to monetize a portion of LG’s premium CTV inventory and will also leverage Nexxen’s data-driven discovery and segmentation tools.
  • “This agreement marks the start of a strategic partnership between two global leaders in the CTV sphere.
  • I look forward to building a solid strategic partnership between our companies and am pleased to have put these legal issues behind us,” said Ofer Druker, CEO of Nexxen International.

Nexxen to Announce Fourth Quarter 2023 Financial Results on March 6, 2024

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), will release its financial results for the fourth quarter and twelve months ended December 31, 2023 before the U.S. market opens on Wednesday, March 6, 2024.

Key Points: 
  • NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), will release its financial results for the fourth quarter and twelve months ended December 31, 2023 before the U.S. market opens on Wednesday, March 6, 2024.
  • The Company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM GMT on the same date to discuss its financial results and outlook.
  • Nexxen International Fourth Quarter and Twelve Months Ended December 31, 2023 Earnings Webcast and Conference Call

Nexxen Enhances TV Intelligence Solution with Premium Streaming Data Through Exclusive Agreement with PeerLogix

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), today announced the augmentation of its TV Intelligence solution with exclusive aggregated and scaled premium streaming viewership data from platforms like Netflix, Hulu and Disney Plus.

Key Points: 
  • NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), today announced the augmentation of its TV Intelligence solution with exclusive aggregated and scaled premium streaming viewership data from platforms like Netflix, Hulu and Disney Plus.
  • Using proprietary technology, PeerLogix captures and catalogues global consumer viewership data from various leading CTV platforms in real-time.
  • "The integration of PeerLogix's data into our TV Intelligence solution enhances our capacity to deliver unparalleled value to our clients through real-time, premium insights," said Jessica La Rosa, Vice President, TV Partnerships and Strategy at Nexxen.
  • "We're thrilled to be expanding our already holistic and representative dataset with cutting edge streaming viewership data, allowing brands and advertisers to elevate the effectiveness of their campaigns in the fast-evolving CTV landscape."

Nexxen and TCL FFALCON Expand Partnership, Bringing Native Display Inventory to Advertisers

Retrieved on: 
Thursday, February 8, 2024

Last spring, Nexxen SSP (then known as Unruly) and TCL announced their initial partnership to expand premium TV inventory access globally.

Key Points: 
  • Last spring, Nexxen SSP (then known as Unruly) and TCL announced their initial partnership to expand premium TV inventory access globally.
  • Now, Nexxen will serve as the exclusive conduit for advertisers looking to tap into TCL's premium native display inventory as well as its CTV and OTT inventory, delivering unprecedented access to TCL's extensive and diverse user base to today’s brands and advertisers.
  • “We are thrilled to deepen our partnership with TCL FFALCON,” said Kenneth Suh, Chief Strategy Officer at Nexxen.
  • “This enhanced relationship not only positions Nexxen SSP as TCL's preferred supply partner, but also opens up exciting avenues for advertisers seeking to harness the potential of TCL's native display inventory.

Nexxen Appoints Gretchen Johnson as Chief People Officer

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), today announced the appointment of Gretchen Johnson as Chief People Officer.

Key Points: 
  • NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), today announced the appointment of Gretchen Johnson as Chief People Officer.
  • Previously, Johnson served as Chief People Officer at Siprocal, a gaming distribution, monetization and engagement platform.
  • "We are thrilled to welcome Gretchen Johnson to our team,” said Ofer Druker, Chief Executive Officer at Nexxen.
  • Nexxen is the sum of our most valuable assets – our people – and through culture and employee development, Gretchen will help usher our organization into a new stage of growth.”
    "This is an exciting time to join Nexxen, with its customer-centric culture where both talent and innovation thrive,” said Gretchen Johnson, Chief People Officer at Nexxen.

Nexxen to Present at the Needham Growth Conference

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announces it will participate in a fireside chat and host in-person investor meetings at the Needham Growth Conference on Thursday, January 18, 2024 in New York, NY.

Key Points: 
  • NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announces it will participate in a fireside chat and host in-person investor meetings at the Needham Growth Conference on Thursday, January 18, 2024 in New York, NY.
  • The fireside chat will be held at 11:00 AM ET on January 18, 2024 and will also be available for live webcast on the Company’s investor relations website at investors.nexxen.com under “Events and Presentations”.
  • For more information, or to schedule a meeting with management, please reach out to your Needham representative.
  • Fireside Chat and Webcast Details:
    The webcast will be available for replay on Nexxen’s investor relations website following the conclusion of the live presentation for approximately one year.